Brazil's Embraer to furlough 15,000 workers ahead of Boeing deal - union
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SAO PAULO (Reuters) - Brazilian planemaker Embraer SA will furlough almost 15,000 workers in January, a metalworkers union said on Thursday, ahead of a partial takeover by Boeing Co as part of a deal that still needs regulatory approval. Boeing has agreed to buy 80% of Embraer's commercial plane division for $4.75 billion (3.8 billion pounds), a deal approved by shareholders and the Brazilian government but which is undergoing an intensive regulatory investigation in Europe. Embraer has said..